Capitalism's Crises

Class Struggles In South Africa And The World

312 pages

October, 2015

ISBN: 9781868149209

$35

Paper

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Authors

Vishwas Satgar is a Senior Lecturer in International Relations at the University of the Witwatersrand, and has been involved in grassroots activism for over three decades. He is the editor of the Democratic Marxism series and has published widely on Africa, South Africa, transnational alternatives and Marxism. In 2015, he received the Distinguished Achievement Award from the World Association of Political Economy for initiating and editing this series.

William K. Carroll is a member of the Sociology Department at the University of Victoria. He established the Interdisciplinary Program in Social Justice Studies in 2008, serving as its Director until 2012.

Leah Hunt-Hendrix is an Associate Fellow at the Institute for Policy Studies. She was a co-founder of Solidaire, a movement support organisation, and she is on the board of directors of three organisations, including the New Economy Coalition.

Isham Christie is currently a labour organiser with the Writers Guild of America East. He was an anti-war and environmental activist with the New Students for a Democratic Society and was intimately involved in the Occupy Wall Street Movement.

Vishwas Satgar is a Senior Lecturer in International Relations at the University of the Witwatersrand, and has been involved in grassroots activism for over three decades. He is the editor of the Democratic Marxism series and has published widely on Africa, South Africa, transnational alternatives and Marxism. In 2015, he received the Distinguished Achievement Award from the World Association of Political Economy for initiating and editing this series.

The second volume in the Democratic Marxism provides compelling analyses of the complexity and depth of the worldwide economic crisis. 

The contributors to this volume draw on a non-dogmatic Marxist approach to explain the systemic and conjunctural dynamics of crisis inherent in global capitalism. Their analysis asks what is historically specific to capitalism's crises while avoiding catastrophic or defeatist claims. At the same time the volume situates left agency within actual patterns of resistance and class struggle to clarify the potential for transformative change. The cycle of resistance strengthened by the World Socal Forum and transnational activism is now punctuated by the experience of the Arab Spring, the agency of anti-systemic movements, left think tanks, the Occupy Wall Street Movement, labour unions, left parties in Europe such as Syrizia and Podemos and peoples' budgeting in Kerala, India. On the down side, we are witnessing the waning of the Workers Party in Brazil and serious challenges for South Africa's once powerful labour movement and still formative social justice activism. All these developments are assessed in this volume. This is the second volume in the Democratic Marxism series. It elaborates on crucial themes introduced in the first volume, Marxism in the 21st Century: Crisis, Critique and Struggle (edited by Michelle Williams and Vishwas Satgar).